Dr FATIMA EABDELLATIN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Dr FATIMA EABDELLATIN
Largest movements
- Cash -€53,189
down €53,189 (-89.0%), from €59,789 to €6,600
mainly Net result for the year (-€49,247) and Current portion of long-term debt (-€10,070)
- Tangible fixed assets -€8,323
down €8,323 (-76.5%), from €10,880 to €2,557
- Deferred charges and accrued income -€2,797
down €2,797 (-87.6%), from €3,194 to €397
- Profit (loss) carried forward -€49,247
down €49,247, from €31,590 to -€17,657
- Current portion of long-term debt -€10,070
down €10,070 (-91.5%), from €11,001 to €931
- Tax, wage and social debts -€2,784
down €2,784 (-28.1%), from €9,917 to €7,133
- Debts after one year -€931
no longer reported in 2025 (was €931)
- Gross operating margin -€70,693
down €70,693, from €34,868 to -€35,825
- Financial charges -€2,413
down €2,413 (-87.2%), from €2,766 to €353
- Taxes +€1,029
up €1,029, from -€896 to €133
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,819 | €11,047 | -€63,772 | -85.2% |
| Fixed assets | 21/28 | €10,880 | €2,557 | -€8,323 | -76.5% |
| Tangible fixed assets | 22/27 | €10,880 | €2,557 | -€8,323 | -76.5% |
| Furniture and vehicles | 24 | €10,880 | €2,557 | -€8,323 | -76.5% |
| Current assets | 29/58 | €63,939 | €8,490 | -€55,449 | -86.7% |
| Amounts receivable within one year | 40/41 | €956 | €1,493 | +€537 | +56.2% |
| Trade receivables | 40 | - | €1,493 | +€1,493 | |
| Other amounts receivable | 41 | €956 | - | -€956 | |
| Cash at bank and in hand | 54/58 | €59,789 | €6,600 | -€53,189 | -89.0% |
| Deferred charges and accrued income | 490/1 | €3,194 | €397 | -€2,797 | -87.6% |
| Total equity and liabilities | 10/49 | €74,819 | €11,047 | -€63,772 | -85.2% |
| Equity | 10/15 | €52,050 | €2,803 | -€49,247 | -94.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,590 | -€17,657 | -€49,247 | |
| Amounts payable | 17/49 | €22,769 | €8,244 | -€14,525 | -63.8% |
| Amounts payable after more than one year | 17 | €931 | - | -€931 | |
| Financial debts | 170/4 | €931 | - | -€931 | |
| Amounts payable within one year | 42/48 | €21,838 | €8,244 | -€13,594 | -62.2% |
| Current portion of amounts payable after more than one year | 42 | €11,001 | €931 | -€10,070 | -91.5% |
| Trade debts | 44 | €920 | €180 | -€740 | -80.4% |
| Suppliers | 440/4 | €920 | €180 | -€740 | -80.4% |
| Taxes, remuneration and social security | 45 | €9,917 | €7,133 | -€2,784 | -28.1% |
| Taxes | 450/3 | €9,917 | €7,133 | -€2,784 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,880 | €11,218 | +€338 | +3.1% |
| Other operating charges | 640/8 | €1,398 | €1,718 | +€320 | +22.9% |
| Gross operating margin | 9900 | €34,868 | -€35,825 | -€70,693 | |
| Operating profit (loss) | 9901 | €22,590 | -€48,761 | -€71,351 | |
| Financial charges | 65/66B | €2,766 | €353 | -€2,413 | -87.2% |
| Recurring financial charges | 65 | €2,766 | €353 | -€2,413 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €19,824 | -€49,114 | -€68,938 | |
| Income taxes | 67/77 | -€896 | €133 | +€1,029 | |
| Profit (loss) for the period | 9904 | €20,720 | -€49,247 | -€69,967 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,720 | -€49,247 | -€69,967 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.